Central Bank: Will continue to deepen the interconnection of the mainland and Hong Kong financial markets and financial services, and strengthen the construction of the offshore RMB market in Hong Kong.

15:12 04/11/2025

Liu Lei, Deputy Governor of the People's Bank of China, attended the Fourth International Financial Leaders Investment Summit and Hong Kong FinTech Week 2025 activities.

Deputy Governor of the People's Bank of China, Lu Lei, attended the Fourth International Financial Leaders Investment Summit and Hong Kong FinTech Week 2025. Lu Lei stated that the People's Bank of China will continue to deepen the connectivity between the mainland and Hong Kong financial markets and services, strengthen the construction of the offshore Renminbi market in Hong Kong, consolidate and enhance Hong Kong's status as an international financial center, and continuously promote high-level opening-up in the financial sector. The People's Bank of China will continue to use financial technology innovation to provide efficient cross-border payment services for the integrated development of the two regions, explore new cooperation schemes for cross-border payments with central bank digital currencies, strengthen exchange and cooperation with all parties in the field of financial technology, and contribute to the high-quality development of the digital economy. Article source: "People's Bank of China" WeChat Official Account, GMTEight Editor: Liu Jiayin.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.